Rob 97 993c2

hi guys
Wanted your opinion on the right price on a car that a colleague might be selling. The guy is not a pcar fanatic, just kept the car.

95 993 coupe, red over black. 30k miles, very stock, not many options beyond upgraded stereo, partial leather. Clean car, no accidents, no paint, no track, but no upgrades, and basic maintance performed.

What should this sell for?
At what price is it a no-brainer for me to pickup as a second 993 for track?

thanks
r

RallyJon

The mileage and zero bodywork and paint make the value. Is the paint nice, or pockmarked? Assuming it's nice, that car would be $37-40k at a specialist dealer. Private party, maybe $35k? The nice, clean, low(ish) mileage 993s are what everyone wants.

Why use a nice car like that as a track car, when you can buy a cosmetically challenged car with a few more miles for $8-10k less?

ninjabones

Good luck with that prospect..... not many cosmetically challenged cars available with a "few more miles" than 30K, and definitely not $8-10K less than clean, low-milage versions (ask me how I know: link). Ithink you'd have to be insanely lucky to find a mechanically sound 993 with less than 40K miles for <$25K.

I think low-mileage garage queens are wise choices for track cars. Just ask Harry L (post from yesterday: link) who is facing >$20K in an engine rebuild in a car with 70K miles. I bet he'd tell you that spending a few thousand more for a low-mileage garage queen would have cost him less in the long run.

What you're paying a premium for is the insanely expensive 993 engine and maximizing the time you can abuse her before the inevitable rebuild (that is if you are going to keep her for the long haul). We're not talking about a $9,000 996 crate engine.

With my recent coupe purchase, I basically thought of it as paying $25,000 for the engine (with 23,000 babied non-track miles) and $9,000 for all the other stuff that came with it (BBS wheels, Fabspeed supercups, GT2 spoiler and RS tail.. oh yeah and the entire rest of the car which coincidentally had pristine paintwork and leather).

Berkley

Think you are looking at $35,000; give or take 10% after "you" evaluate the Porsche......if it is genuine example

As to the risk of the need for a new engine at 70,000 miles.....that is a rare one: I don't know what " Harry L " encountered, but I only know of one case where a new engine was required in a low mile Porsche ( i.e. under a 100,000 miles )....a doctor here in VA made the infamous "money shift" at VIR.....I recall that Bumos had a 993 engine available and shipped for between $25,000 and $30,000.....

Any time you buy a used Porsche, you do have the downside risk of prior owners and their skill level and or lack thereof....Over the years, I've seen a bunch of Porsche owners who were better suited for bumper cars at the state fair

RallyJon

Harry L's bottom end problem is the very rare exception, not the rule. And if an unlucky combination of clearances and wear can have a 993 needing a top end rebuild as early as 30k miles, one can never be sure what they're buying. But it's a $5k fix and you're good to go. And that's $5k that any 993 owner should be ready to spend.

Even the worst case is a $10-15k issue at most, not a $25k one, as the responses to that thread fully detail.

But hey, if you have the money to burn, why stop there? Go buy a time capsule car from RPM for what it cost new, cage that sucker and go have fun!

burton

Rob - Is it a one owner car? Do you have the maintenance history? If it checks out ok, low $30s would be a good price. It's a hassle-free sale for your colleague and he probably wouldn't get much more selling to a specialist dealer. And you have the confidence that the car was taken care of if you know him well. Good luck.

tfm

A clean '95 stock C2 with 30k miles? I have some interest in this subject and researched it well because I have exactly this same car, plus I'm selling my 2nd car also with the same year/color with 70k miles. With the cars over 50-60,000 miles condition is EVERYTHING, a 80Kmi car can be junk or pristine-ready-to-roll maybe another 80K without problems . With a 30,000 mile car even experienced mechanics seem to be in agreement that these well built Porsches are very unlikely to have major issues. Prices?

I looked at the Manheim Market Report for the past 3 or 4 years' wholesale auctions nationwide; the dealers buying the 25K -35K mi 993s in Manhiem, W Palm, Riverside are paying around $32-33,000 for 95 and 96 coupes. As pointed out earlier in this thread, the specialty dealers, Victory, Holt, RPM seem to be asking around $40,000 for the same car. Somewhere in the middle is probably the "curbside value" of a solid, 30K mile stock coupe. These low milage cars aren't depreciating much if anything; if you can buy one under $35K you made a good deal.

Dan Jacobs

Rob,
Call me about a track prepped 993 ready to go for mid 30s
Dan J

User 121721

Are 993 engines really that expensive?

Saw this on Ebay: http://cgi.ebay.com/ebaymotors/Porsc...WDVWQQtcZphoto

Not bad....

Mark

matt777

As I educate myself and research 993's I have seen used engines going for $6-9K. They are not cheap.

Leucadia

I just bought a very very similar car 3 weeks ago, also '95 and the inside was 10/10 condition (very mint) and outside is about 8/10 condition, not perfect, but extremely nice, miles are 50k, but the color is the very beautiful (IMHO) and somewhat rare Slate Gray. (I had looked for many months for this color). The owner was meticulous, i got all the maintenance records and the original sticker price label, etc, etc. ....and a huge plus was that it spent its whole life in nice sunny and dry Southern California. I quickly snapped it up for $32K. I could have haggled a little, but also could have lost the car to other buyer too, so 'm pretty happy with what i got.